Over the last 2.5 years, JP Hospitality Investors Club has successfully acquired and repositioned five lifestyle hotels in Kitzbuhel, Mallorca, Madonna di Campiglio, Trieste and Rotterdam with a potential sixth and final acquisition in the Balearic Islands in the pipeline.
At the same time, JP is celebrating the addition to the vibrant Viennese hotel market with the 196-key Hoxton opening its doors to the public on the 1st of April 2024.
Both occasions will be celebrated in style during the IHIF with partners, investors, and key industry players at the PanAm lounge on Tuesday, April 16. The event is hosted jointly with PKF hospitality group.
Daniel Jelitzka, founder of JP Immobilien Group and chairman of the advisory board of JP Hospitality: “Despite a challenging market environment, the investment proposition behind both JP HIC and the Hoxton in Vienna, has proven to be spot on as lifestyle assets in top locations have exhibited great results. We are continuing on this path with the launch of JP HIC II looking to further add exciting new products to the hospitality landscape across Europe and to deliver strong returns to our investors.”
Gebhard Schachermayer, co-head of JP HIC: “It is with great pleasure that three years after our official announcement at IHIF to launch JP HIC we are now in a position to share the news that the investment period of JP HIC has come to a successful end. The pipeline of attractive acquisition targets has notably increased in the last couple of months, and we are excited to deploy more capital in the coming months and years.”
Robin Wattinger, Head of Financing + Investment at PKF hospitality group: “JP HIC has been at the forefront of not only identifying and repositioning highly attractive lifestyle assets but also by democratizing access to such opportunities through the innovative structure of JP HIC. This has enabled the team to move swiftly and to capitalize on opportunities while involving its investors to a degree which is rarely seen in the industry. We are excited to continue writing this success story together with the JP HIC team.”
Image provided by ROZOK GmbH.
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